TORONTO, Aug. 7, 2020 /CNW/ - As Ontarians live through a
pandemic and one of the hottest summers on record, electricity
customers are looking to their utility for relief. Today, Hydro One
announced additional support for customers by extending its ban on
residential electricity disconnections to ensure that no customer
is disconnected at a time when support is needed most.
"Hydro One will always stand with customers and communities and
will never lose sight of our commitment to provide relief,
flexibility and choice," said Mark
Poweska, President and CEO, Hydro One. "Power is a lifeline
connecting families and businesses during this unprecedented time.
We feel a deep responsibility to keep customers connected and to
help those who are struggling with the right financial support
programs."
The company also announced that its Pandemic Relief Program will
remain in place to provide financial relief and payment
flexibility to customers experiencing hardship.
In addition to the Pandemic Relief Program, customers may be
eligible for the Ontario Energy Support Program and the COVID-19
Energy Assistance Program (CEAP).
More information about Hydro One's Pandemic Relief Program can
be found at www.HydroOne.com/PandemicRelief or by contacting a
Customer Care Representative at 1-888-664-9376.
Hydro One Limited (TSX: H)
Hydro One Limited, through
its wholly-owned subsidiaries, is Ontario's largest
electricity transmission and distribution provider with
approximately 1.4 million valued customers,
approximately $27.1 billion in assets as at December
31, 2019, and annual revenues in 2019 of approximately $6.5
billion. Our team of approximately 8,800 skilled and dedicated
employees proudly build and maintain a safe and reliable
electricity system which is essential to supporting strong and
successful communities. In 2019, Hydro One invested
approximately $1.7 billion in its transmission and
distribution networks and supported the economy through buying
approximately $1.5 billion of goods and services. We are
committed to the communities where we live and work through
community investment, sustainability and diversity initiatives. We
are designated as a Sustainable Electricity Company by the Canadian
Electricity Association. Hydro One Limited's common shares are
listed on the TSX and certain of Hydro One Inc.'s medium term notes
are listed on the NYSE. Additional information can be accessed
at www.hydroone.com; www.sedar.com or www.sec.gov.
Forward-Looking Statements and Information:
This press
release may contain "forward-looking information" within the
meaning of applicable securities laws. Words such as "expect,"
"anticipate," "intend," "attempt," "may," "plan," "will", "can",
"believe," "seek," "estimate," and variations of such words and
similar expressions are intended to identify such forward-looking
information. These statements are not guarantees of future
performance or actions and involve assumptions and risks and
uncertainties that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed,
implied or forecasted in such forward-looking information. Some of
the factors that could cause actual results or outcomes to differ
materially from the results expressed, implied or forecasted by
such forward-looking information, including some of the assumptions
used in making such statements, are discussed more fully in Hydro
One's filings with the securities regulatory authorities
in Canada, which are available on SEDAR at www.sedar.com.
Hydro One does not intend, and it disclaims any obligation, to
update any forward-looking information, except as required by
law.
SOURCE Hydro One Inc.